Canadarm

Kratos Orders Nine Zeus 1 and Zeus 2 Rocket Motors in Preparation for Initial Customer Funded Flights

Retrieved on: 
Tuesday, February 20, 2024

SAN DIEGO, Feb. 20, 2024 (GLOBE NEWSWIRE) --  Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a Technology Company in Defense, National Security and Global Markets announced today that its Space & Missile Defense (SMDS) business unit has ordered a combined total of nine new Zeus 1 and Zeus 2 rocket motors in preparation for upcoming initial customer funded flights. The Kratos developed Zeus family of Solid Rocket Motors (SRMs) is in direct response to the urgent need for affordable commercial launch vehicle stages for hypersonic test, ballistic missile target, sounding rocket and “other” customer missions.  SMDS applied its significant experience to establish the Zeus 1 and Zeus 2 motor requirements and specifications in close coordination with respective customer and user communities. Kratos, through internal investments, funded development of the Zeus SRMs which are designed and manufactured to Kratos’ specifications by key merchant supplier and partner, Aerojet Rocketdyne.

Key Points: 
  • The Kratos developed Zeus family of Solid Rocket Motors (SRMs) is in direct response to the urgent need for affordable commercial launch vehicle stages for hypersonic test, ballistic missile target, sounding rocket and “other” customer missions.
  • SMDS applied its significant experience to establish the Zeus 1 and Zeus 2 motor requirements and specifications in close coordination with respective customer and user communities.
  • Kratos, through internal investments, funded development of the Zeus SRMs which are designed and manufactured to Kratos’ specifications by key merchant supplier and partner, Aerojet Rocketdyne.
  • Kratos Zeus SRMs will also complement Kratos’ internally funded, follow-on Dark Fury hypersonic system, which nature and performance characteristics are highly classified.

Monumo's Anser Engine Achieves Record 10 Million Simulations in 24 Hours

Retrieved on: 
Tuesday, February 27, 2024

The company's scalable, machine learning-friendly, Anser™ Engine is now able to run 10 million simulations in 24 hours.

Key Points: 
  • The company's scalable, machine learning-friendly, Anser™ Engine is now able to run 10 million simulations in 24 hours.
  • This means that we can identify the optimal parameters for specific motor use-cases, whether that is reducing cost, increasing efficiency or improving sustainability.
  • “The Anser Engine has already revealed innovations that surpass human ability, but these incredible results are just the beginning.
  • It’s hard to overstate the role we anticipate this unique combination of technologies will have in the future of engineering disciplines and beyond.”

EU Critical Raw Materials Act: IDTechEx Reviews the Ambitious Targets to Secure Supply

Retrieved on: 
Wednesday, January 24, 2024

However, potential constraints on the supply of critical raw materials (CRMs) for Li-ion batteries may be coming towards the end of the decade.

Key Points: 
  • However, potential constraints on the supply of critical raw materials (CRMs) for Li-ion batteries may be coming towards the end of the decade.
  • The document outlining these agreements, titled "Framework for ensuring a secure and sustainable supply of critical raw materials", details 34 critical raw materials and 17 strategic raw materials.
  • Critical raw materials are defined as those of high importance for the EU economy and subject to high levels of supply risk.
  • Secondly, at least 10% of the EU's annual consumption of strategic raw materials should originate from EU extraction.

EU Critical Raw Materials Act: IDTechEx Reviews the Ambitious Targets to Secure Supply

Retrieved on: 
Wednesday, January 24, 2024

However, potential constraints on the supply of critical raw materials (CRMs) for Li-ion batteries may be coming towards the end of the decade.

Key Points: 
  • However, potential constraints on the supply of critical raw materials (CRMs) for Li-ion batteries may be coming towards the end of the decade.
  • The document outlining these agreements, titled "Framework for ensuring a secure and sustainable supply of critical raw materials", details 34 critical raw materials and 17 strategic raw materials.
  • Critical raw materials are defined as those of high importance for the EU economy and subject to high levels of supply risk.
  • Secondly, at least 10% of the EU's annual consumption of strategic raw materials should originate from EU extraction.

Meet Lynx: Ursa Major's Solution to Solid Rocket Motor Design and Manufacturing is a Game Changer for America's Defense Capabilities

Retrieved on: 
Monday, November 20, 2023

DENVER, Nov. 20, 2023 /PRNewswire/ -- Ursa Major is proud to introduce Lynx, a new approach to designing and manufacturing solid rocket motors (SRM).

Key Points: 
  • DENVER, Nov. 20, 2023 /PRNewswire/ -- Ursa Major is proud to introduce Lynx, a new approach to designing and manufacturing solid rocket motors (SRM).
  • As a leader in advanced manufacturing, Ursa Major has taken a new approach.
  • "Ursa Major is offering a new way to scale production of SRMs," said Ursa Major Founder and CEO Joe Laurienti.
  • Due to recent continued consolidation in the rocket motor industry, many defense contractors are looking for an alternative to relying on purchasing motor systems from competitors.

California Science Center Completes Installation of Two Space Shuttle Solid Rocket Motors for Upcoming Go for Stack Configuration

Retrieved on: 
Thursday, November 9, 2023

LOS ANGELES, Nov. 8, 2023 /PRNewswire/ -- This week, two 116-foot long Solid Rocket Motors (SRMs), each weighing over 100,000 lbs., were securely lifted by crane and stacked in their final vertical position at the California Science Center. The placement is the latest achievement in Go for Stack, the complex, multi-phase process of moving and lifting each of the components into place for the world's only authentic, "ready-to-launch" space shuttle system.

Key Points: 
  • The California Science Center team then mated the SRMs to the previously installed Aft Skirts using 177 2-inch long pins for each motor.
  • The SRMs arrived less than a month ago, after a journey from the Mojave Air and Space Port, and were the final elements of the space shuttle system to arrive at the California Science Center.
  • The space shuttle stack will include the orbiter Endeavour, two Solid Rocket Boosters, and an External Tank.
  • The roughly six-month Go for Stack process began in July with the installation of the Solid Rocket Booster Aft Skirts.

$25 Million Gift from Aerospace Leader Kent Kresa Fuels California Science Center Foundation's EndeavourLA Campaign, Names New Space Gallery of the Samuel Oschin Air and Space Center

Retrieved on: 
Tuesday, October 24, 2023

LOS ANGELES, Oct. 24, 2023 /PRNewswire/ -- The California Science Center's Samuel Oschin Air and Space Center project has received another major boost with a $25 million gift from aerospace leader Kent Kresa and the Kresa Family Foundation.

Key Points: 
  • LOS ANGELES, Oct. 24, 2023 /PRNewswire/ -- The California Science Center's Samuel Oschin Air and Space Center project has received another major boost with a $25 million gift from aerospace leader Kent Kresa and the Kresa Family Foundation.
  • In recognition of this significant investment in science education, the Science Center will name the Kent Kresa Space Gallery, one of three galleries to be part of its 200,000 square-foot expansion, currently under construction.
  • The Samuel Oschin Air and Space Center is the last major expansion envisioned in the Science Center's three-decade Master Plan vision.
  • Three major galleries – Shuttle Gallery, Space Gallery, and Aviation Gallery – will integrate a diverse collection of aircraft and spacecraft with immersive experiences and the California Science Center's signature hands-on exhibits.

California Science Center to Continue the Next Phase of Go for Stack with the Arrival of the Solid Rocket Motors on October 11, 2023

Retrieved on: 
Thursday, October 5, 2023

LOS ANGELES, Oct. 5, 2023 /PRNewswire/ -- On October 11, 2023, exactly eleven years after Space Shuttle Endeavour made its 12-mile journey across the streets of Los Angeles and Inglewood, the California Science Center invites the public to come out and watch the arrival of two large Solid Rocket Motors (SRMs), the next phase of Go for Stack – the complex, multi-phase process of moving and lifting each of the space shuttle components into place for Endeavour's upcoming awe-inspiring 20-story vertical display. The SRMs, donated by Northrop Grumman, have been stored at the Mojave Air and Space Port, and are the final elements of the space shuttle system to arrive at the California Science Center. The components that will make up the world's only authentic, "ready-to-launch" space shuttle stack include the orbiter Endeavour, two Solid Rocket Boosters, and External Tank.

Key Points: 
  • The components that will make up the world's only authentic, "ready-to-launch" space shuttle stack include the orbiter Endeavour, two Solid Rocket Boosters, and External Tank.
  • The SRMs will be transported by freeway until the last leg of their journey to the California Science Center.
  • The California Science Center will open an hour early at 9:00 a.m. on October 11th as part of a Solid Rocket Motor Arrival Celebration.
  • Next the Solid Rocket Motors and forward assemblies will be stacked to form the Solid Rocket Boosters.

Baguio Green's Adjusted Net Profit* in 1H2023 increased by 3.5 times

Retrieved on: 
Tuesday, August 29, 2023

Profit for the Period was approximately HK$21.7 million, representing an increase of approximately 27.0% as compared with the same period last year.

Key Points: 
  • Profit for the Period was approximately HK$21.7 million, representing an increase of approximately 27.0% as compared with the same period last year.
  • Adjusted net profit* was HK$21.3 million, representing an increase of approximately 352.0%, as compared with the same period last year.
  • In the first half of 2023, new contracts awarded to the Group amounted to a total of HK$2.04 billion.
  • Revenue from cleaning services increased by 72.8% to approximately HK$861.5 million, accounting for 77.8% of the Group's total revenue during the Period.

IDTechEx Discusses 4 Ways to Eliminate Rare Earths in EV Motors and One You Haven't Heard

Retrieved on: 
Monday, August 14, 2023

82% of the electric car market in 2022 was using electric motors based on rare earth permanent magnets.

Key Points: 
  • 82% of the electric car market in 2022 was using electric motors based on rare earth permanent magnets.
  • In a rare earth permanent magnet (PM) motor, the magnets are located on the rotor.
  • These motors have historically also had poorer power and torque density, but modern versions are comparable with PM motors.
  • There is an increasing focus, especially outside of China, on reducing the rare earth content of electric motors.